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Jensen Huang Resigns as Nvidia CEO Amid Independent Probe Into Security and Conduct
The board said operations and customer commitments will continue without interruption as it searches for a permanent successor.
- On Thursday, November 12, 2026, Nvidia's board announced CEO Jensen Huang resigned effective immediately, appointing CFO Colette Kress as interim CEO and Harvey C. Jones as the company's first board chair.
- Directors launched an independent probe after reports that Huang had affairs with Megaspeed executive Alice Huang, identified by U.S. intelligence as a Chinese asset, and a subordinate who reported to him.
- Nvidia shares plummeted 10% in premarket trading Thursday, wiping out about $600 billion in market value this week as investors reacted to leadership uncertainty and potential disruption to the AI infrastructure boom.
- The company is initiating a search for a permanent CEO considering internal and external candidates, while management confirmed third-quarter fiscal 2027 results will proceed as scheduled on November 17.
- Huang's exit leaves the $4 trillion company navigating an extraordinary transition without a clear successor, while analysts warn the departure could lead to increased regulation and political backlash around artificial intelligence.
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Total News Sources614
Leaning Left94Leaning Right75Center125Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 32%
C 43%
R 25%
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